From: Jeff Bewkes
Sent: Thursday, February 17, 2011 06:39 PM
Subject: Jack Griffin
I regret to inform you that Jack Griffin is leaving his position as Chairman and CEO of Time Inc. Although Jack is an extremely accomplished executive, I concluded that his leadership style and approach did not mesh with Time Inc. and Time Warner.
Until a permanent successor is identified, Time Inc. will be led by an experienced interim management committee, reporting directly to me, composed of Howard Averill, Maurice Edelson and John Huey. You will be hearing from them within the next several days regarding their plans during this transitional period.
This company and its executive team have made many important advances in the last few years. Throughout, you have distinguished yourselves with professionalism and dedication to your craft, and as a result of that hard work the company’s momentum has been restored.
With our deep and talented pool of employees, I’m confident that during this transitional period Time Inc. will continue to grow and prosper, and that you will continue the brilliant work that has defined our company.
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